Accounts Receivable Balance} Beginning accounts receivable were ($ 135,720) and ending accounts receivable were ($ 128,640). All
Question:
Accounts Receivable Balance}
Beginning accounts receivable were \(\$ 135,720\) and ending accounts receivable were \(\$ 128,640\). All sales were on credit and totalled \(\$ 1,682,480\).
\section*{Required:}
Determine how much cash was collected from customers.
\section*{Cornerstone Exercise
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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